This document discusses managing change in business. It explains that change happens faster now due to new technology, global competition, growth and complexity. When a change is introduced, employees typically go through stages of refusing, resisting, exploring and eventually accepting it. Resistance to change often stems from a lack of information, not being involved in the decision, and fears about job security. To overcome resistance and guide employees through the change process, managers should communicate the reasons for change, listen to employee concerns, allow input, and address problems quickly while providing motivation. Accepting and adapting to change is key to success.